The prices in real estate in Heber Springs, in the Arkansas region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Heber Springs has remained the same in the last 6 months. In April, the average price per sq.feet was $167. In May this price pretty much remained the same at a value of $166 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $166.5 to $172 per sq.feet. The price per sq.feet has decreased 92 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $169.25 to $155.5 during August, and September.
Based upon to the price in Heber Springs (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $301,276. In May This price remains at $300,900. During the following two months (June, July) the price has had an average incrementation from $301,088 to $324,707. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $312,897.5 and $323,487 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $309,210 they are 27 % more affordable than the average price for Heber Springs. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 1 bedroom priced at $262,706.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $134 / sq.feet, with an average $150 / sq.feet price in Heber Springs. The properties with the highest average prices have 1 bedroom. They are 289 % more expensive than the average followed by properties with 2 bedrooms with a price at $224 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $309,210 it is 44 % cheaper than the average price in Heber Springs. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $180,878 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $95 / sq.feet followed by "Land" priced at $97 / sq.feet. "House" is the most costly type of property with a $168 / sq.feet cost followed by "Land" with an average price of $97 / sq.feet.